Ainslie Bullion, Australia’s leading bullion dealer, has announced the integration of Chainlink Price Feeds to price precious metals accurately on its platform. Chainlink’s decentralized oracle network provides Ainslie Bullion access to high-quality, tamper-proof price feeds that are secure, reliable, and transparent.
The precious metals industry often relies on unreliable data sources for pricing assets, leading to an inconsistent user experience and pricing downtime. Chainlink Price Feeds solve these issues by providing transparent, secure, and reliable price information on a wide variety of assets while maintaining a high level of uptime and data quality.
Ainslie Bullion has a long history in the industry, with offices located in Brisbane and Melbourne and a nationwide loyal customer base. Its legendary customer service, easy and secure storage options, live pricing, and extensive range of gold, silver, and platinum products make it the perfect place to buy, sell, swap, and store bullion.
After reviewing various oracle solutions, Ainslie Bullion chose Chainlink Price Feeds for its critical features such as high-quality data, secure node operators, decentralized network, and reputation system. Chainlink Price Feeds are also used to help price Ainslie Bullion’s Gold & Silver Standard Tokens (AUS and AGS), digital tokens backed by allocated gold and silver bullion secured, insured, and independently verified in a high-security Australian vault.
Chainlink is the industry-standard Web3 services platform that enables trillions of dollars in transaction volume across DeFi, insurance, gaming, NFTs, and other major industries. As the leading decentralized oracle network, Chainlink enables developers to build feature-rich Web3 applications with seamless access to real-world data and off-chain computation across any blockchain and provides global enterprises with a universal gateway to all blockchains.
Ainslie Bullion and Gold & Silver Standard are part of the Ainslie Bullion Group, providing more trustworthy and cost-effective ways to own history’s pre-eminent monetary assets. Its decades of experience in the bullion industry allow it to offer the most transparent and trustworthy fully-backed digital currencies in the market.
With the integration of Chainlink Price Feeds, Ainslie Bullion is bringing more transparency and reliability to its clients by providing highly secure, reliable, and decentralized market data for precious metals. Its customers can now be assured of the accuracy of the price oracles used by Ainslie Bullion, making it a safer and more trustworthy platform for buying, selling, and storing bullion.